Friday 24th January 2014

(10 years, 10 months ago)

Commons Chamber
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Sheryll Murray Portrait Sheryll Murray
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My right hon. Friend will wish to know that, currently, our coalition partners hold St Ives, St Austell and Newquay, and North Cornwall. The Conservatives currently hold—

Baroness Primarolo Portrait Madam Deputy Speaker (Dawn Primarolo)
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Order. The hon. Lady will resume her seat. Before the Minister continues, let me say that that has nothing to do with the Third Reading of this Bill. I know that it is Friday and that the right hon. Gentleman and the hon. Lady are looking forward to getting back to Cornwall, so if we could concentrate just on the Bill I would be a very happy Deputy Speaker.

Lord Swire Portrait Mr Swire
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Madam Deputy Speaker, I apologise. I share your agitation and excitement. Mine was only the excitement about May 2015 and what might happen thereafter. I will certainly not be tempted further down that exciting route.

I also thank other right hon. and hon. Members who have served their time on this Bill. The hon. Member for Bristol East (Kerry McCarthy) referred to the fact that it has been handled by a number of different Ministers throughout its passage. That is a factor of life here sometimes, but, as I said to her, it does mean that there will be a wide understanding of the legislation. As it is new and quite complicated, the more people who understand what it is about—the new technology and the new exploration way below the sea—the better.

It is of course entirely appropriate, as hon. Members have said, that it should be a Back Bencher from a constituency in Cornwall, which is the second most beautiful part of England after Devon, who has brought the Bill to the House. Cornwall not only has been involved in mining for generations—indeed, from before Roman times—but is of course a great maritime county. My hon. Friend has always been a strong advocate of her native county. Certainly, the fishing industry and her constituents are represented extremely well by her. I do not know anyone here who has a greater understanding of the marine environment, from which she has derived both pleasure and tragedy.

I am pleased that my hon. Friend has taken the Bill forward with such aplomb. She has the distinction, as we have heard, of having been in charge of private Member’s Bills in two consecutive Sessions, which is certainly an unusual achievement. As to her revealing the secret of how she was balloted for two Bills, she gave the figure “336”, but said that she did not want people to know that it was her secret number. I remind her gently that recordings of this place are, as we speak, being broadcast to the four corners of the world. Who knows, one day they might be broadcast to the sea bed as well, so Captain Nemo can watch them. Quite a lot of people will remember 336 now and, with her indulgence, I shall be tempted to use some of those numbers when I next fill in my national lottery form as they have brought her such luck in the past.

Why is deep sea mining such a prominent issue just now? One or two comments have been made to the effect that the Bill is in some way premature and that the industry is in its infancy, and some have asked why we are doing this now. It is worth recalling that in the 1980s there was a great deal of interest in deep sea mining, although I must confess that I was not aware of that myself. There were expectations then of a major boom in deep sea mining and pessimism in many quarters that an internationally agreed regime could not be achieved. It was against that background that the Deep Sea Mining (Temporary Provisions) Act 1981 was passed.

The addition of the words “Temporary Provisions” to that Act now seems ironic, as here we are 33 years later and the Act is still in force. That, presumably, gives a new definition to the word “temporary”. Let us hope that the same use of the word does not apply when we talk about other parties “temporarily” holding on to seats that should be ours in the south-west—we do not envisage that going on for 33 years, Madam Deputy Speaker. In recognition of the fact that deep sea mining is here to stay, we will remove those words from the short title. I imagine that that is probably the most uncontentious thing I could say.

Going back to the 1980s—and many of us would like to—

Baroness Primarolo Portrait Madam Deputy Speaker (Dawn Primarolo)
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Order. With respect, we do not need to go back to the 1980s. We are on the Third Reading of a Bill that apparently has support in the House and the debate is about the provisions of the Bill. We have moved beyond needing context from the 1980s. There are a lot of Bills still to come this morning, so I would be grateful if the Minister referred to this Bill and its provisions.

Lord Swire Portrait Mr Swire
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I am making as much haste as I possibly can, Madam Deputy Speaker, given the complexities of some parts of the Bill. I was alluding back to the ’80s because of the commercial side of the issue. The commercial companies that showed an interest in deep sea mining at that time ceased to do so and although the idea lived on, it did not seem likely to become a reality any time soon.

--- Later in debate ---
Lord Swire Portrait Mr Swire
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I am not aware of any such rules, but I commit to writing to my hon. Friend once I have clarified that point. I am pleased that the ISA’s secretariat is thinking about the regulations that will be necessary once exploitation begins. The United Kingdom delegation at the authority’s most recent session made clear the importance that we attach to the development of those regulations, which will be an important step for the authority and one in which the United Kingdom is determined to play its full part. There are important environmental issues to be resolved, but there is also a financial issue relating to the amount of any payment to the ISA, to which I have already alluded.

What of British involvement in deep sea mining, which is really what the Bill is about? I am pleased to say that the United Kingdom has now sponsored two applications. The first was approved by the ISA’s council in 2012, and consequently a British company will cover an area of sea bed twice the size of Wales and 4,000 metres deep. Disappointingly, the legal and technical commission did not have time to consider the second application at its sessions last year, but we hope it will approve the application at its session beginning in February, and that the council will approve the application when it meets in July.

Deep sea mining is a very exciting and pioneering industry, and the Government are pleased that the United Kingdom is at the forefront of its development. Last year, my right hon. Friend the Prime Minister spoke at an event in London to celebrate the signing of the contract between the United Kingdom’s sponsored contractor, UK Seabed Resources Ltd, and the ISA. Our colleagues in the Department for Business, Innovation and Skills organised an industry day at which more than 80 British companies participated. British companies have developed expertise and technology through their activities in the North sea, much of which is transferable to deep sea mining. We hope that significant benefits to the British economy will be forthcoming over the next 30 years. We have heard figures of anything up to £40 billion bandied around this morning. In the Government’s view, it is essential that the United Kingdom does not ignore these potential benefits. As I have said—it is also the assessment of the International Seabed Authority—we are at the threshold of a new era of deep sea mining. This new frontier presents a valuable opportunity to contribute to the prosperity of the British people, of British companies, and of the United Kingdom as a whole.

Polymetallic nodules, as I am sure we are all now fully aware, contain a higher concentration of valuable metals—up to 28% more, or 10 times the proportion usually found on land. Many of the metals contained in these sea bed deposits are considered to be valuable “technology metals”, which are increasingly important in high-technology industries that benefit us all, including electronics, clean technologies such as hybrid cars and wind turbines, and the construction and aerospace industries. The strategic importance of this source of minerals and metals should not be underestimated, not least as they contain trace metals such as rare earth elements used in electronics, where it is important that land-based sources should face competition from potential sources on the deep sea bed. Such an amount of previously untapped wealth can create vital jobs for the British economy, not only in deep sea mining but in the supply chain supporting the industry, such as the engineers developing machines to harvest polymetallic nodules in an environmentally sensitive way.

As my right hon. Friend the Minister for Universities and Science has pointed out, this new industry plays to the UK’s strengths as a world leader in maritime engineering and innovation—which, incidentally, is of increasing importance to us in the south-west, as my hon. Friend the Member for South East Cornwall will be well aware. As I mentioned, last year my right hon. Friend the Prime Minister attended and spoke at an event to welcome the award of an exploration licence to British company UK Seabed Resources, secured with the support of the Foreign and Commonwealth Office and the Department for Business, Innovation and Skills. There can be no greater demonstration of the Government’s commitment to this rapidly developing industry.

Turning to the Bill, I would first like to emphasise—

Baroness Primarolo Portrait Madam Deputy Speaker (Dawn Primarolo)
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Order. The right hon. Gentleman has been speaking for some considerable time now. We have covered everything. We have covered the international authority, prime ministerial speeches and agendas for Government Departments. I would now like him to focus specifically, and briefly, on his comments with regard to the Bill.

Lord Swire Portrait Mr Swire
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Of course, Madam Deputy Speaker. If I may, I will just say why the Bill was needed, because there was some discussion as to whether it was appropriate to have it now or whether it was premature.

Baroness Primarolo Portrait Madam Deputy Speaker
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Order. With respect, the right hon. Gentleman covered that right at the beginning of his speech when he outlined the originating of the 1981 Act, the fact that it was temporary, the fact that it did not need to be temporary now, and the increased interest in deep sea mining. I think we have covered why it is important; we have covered the money and the jobs. The Minister just needs to finish off on the Bill.

Lord Swire Portrait Mr Swire
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Indeed, Madam Deputy Speaker. In that case, I will abbreviate my concluding remarks to address a specific point that was raised about Scotland, on which I owe the House an answer.

I am pleased that we were able to reach agreement with the Scottish Government to extend the Bill to Scotland. Amendments to that effect were moved in Committee by my hon. Friend the Member for South East Cornwall, supported by the Committee. This was a very technical change that took some time to sort out, but we got there. As with other British companies, Scottish companies are well placed to take advantage of the opportunities presented by the development of deep sea mining. Many of them have been active in the North sea and can therefore adapt their expertise and the technologies they have developed into the new and exciting world of deep sea mining.

We have enjoyed—at least, I have enjoyed—an informed and productive debate that has demonstrated a real understanding of the economic and strategic importance of this Bill for the United Kingdom, balanced with the need to ensure safeguards for the environment. One of the important issues we have rightly discussed is the environment of the deep sea and the potential impact of mining on the species living on the sea bed. All of us—Governments, parliamentarians and private companies alike—must be conscious of our shared responsibility for the stewardship of the deep sea bed.

I hope I have answered the majority of points raised. My right hon. Friend the Prime Minister has shown how this issue is an example of the UK leading the way—both in legislation for the awarding of licences and in the support we will give—in an exciting new industry. The industry is expected to be worth up to £40 billion to the British economy over the next 30 years. The United Kingdom is open for business, competing in the global race.

This Bill has been improved by amendments and has been met with general approval from Members throughout the House. I am confident that when future generations look back at what we have done, they will see that we have done everything we can to strike the right balance between protecting the environment and exploiting this valuable resource in support of our country’s prosperity.

I thank all those who have taken an interest in and contributed to the excellent discussions as the Bill has progressed. In particular, I reiterate my warmest congratulations to my hon. Friend the Member for South East Cornwall on introducing the Bill. I hope the House will join me in supporting the Bill’s Third Reading and wishing it a speedy and successful passage through the other place.